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Third Point Investors (CHIX:TPOUL) Return-on-Tangible-Equity : 23.06% (As of Dec. 2024)


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What is Third Point Investors Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Third Point Investors's annualized net income for the quarter that ended in Dec. 2024 was $124.6 Mil. Third Point Investors's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $540.2 Mil. Therefore, Third Point Investors's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 23.06%.

The historical rank and industry rank for Third Point Investors's Return-on-Tangible-Equity or its related term are showing as below:

CHIX:TPOUl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.26   Med: 10.84   Max: 19.95
Current: 19.95

During the past 13 years, Third Point Investors's highest Return-on-Tangible-Equity was 19.95%. The lowest was -29.26%. And the median was 10.84%.

CHIX:TPOUl's Return-on-Tangible-Equity is ranked better than
81.33% of 1634 companies
in the Asset Management industry
Industry Median: 7.415 vs CHIX:TPOUl: 19.95

Third Point Investors Return-on-Tangible-Equity Historical Data

The historical data trend for Third Point Investors's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Third Point Investors Return-on-Tangible-Equity Chart

Third Point Investors Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.31 19.93 -29.26 1.74 18.97

Third Point Investors Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.95 -9.09 12.99 18.06 23.06

Competitive Comparison of Third Point Investors's Return-on-Tangible-Equity

For the Asset Management subindustry, Third Point Investors's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Third Point Investors's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Third Point Investors's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Third Point Investors's Return-on-Tangible-Equity falls into.


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Third Point Investors Return-on-Tangible-Equity Calculation

Third Point Investors's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=114.274/( (637.968+567.106 )/ 2 )
=114.274/602.537
=18.97 %

Third Point Investors's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=124.584/( (513.284+567.106)/ 2 )
=124.584/540.195
=23.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Third Point Investors  (CHIX:TPOUl) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Third Point Investors Return-on-Tangible-Equity Related Terms

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Third Point Investors Business Description

Traded in Other Exchanges
Address
Trafalgar Court, P.O. Box 255, Les Banques, Channel Islands, Saint Peter Port, GGY, GY1 3QL
Third Point Investors Ltd is a closed-ended investment company. The company focuses on providing consistent long-term capital appreciation through investment of all of its capital in Class E Shares of a master fund Third Point Offshore Fund. Its objective is to provide shareholders with long-term, attractive risk-adjusted returns, using investment skills and expertise.

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